|This month in history:
U.S. postage is raised from 25 cents to 29 cents.
|Feb. 3, 1913
The 16th Amendment to the U.S. Constitution was ratified, granting Congress the authority to collect income taxes.
|Feb. 15, 1908
Inventor Cyrus McCormick was born. He invented the horse-drawn mechanical reaper.
A computer glitch triggered by unusually
heavy trading volume overloaded the
New York Stock Exchange's computers,
causing a 546-point drop in the Dow
Jones and panic on Wall Street.
Oil giant Exxon Mobil reports 2006 profits of $39.5 billion, the largest profit ever for a U.S. company. Meanwhile, the average price of a gallon of gas in mid-February is $2.24.
a customer-service catastrophe as
the relative newcomer to the airline
industry is forced to cancel nearly 1,100 flights in six days because
of a major snowstorm in the Northeast.